138 Leo Carter RdBethpageTN37022
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Bethpage at 138 Leo Carter Rd, Bethpage, TN, 37022 priced at $275,000 converts $1,979/mo rent into $333/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,979/mo, and annual cash flow totals $3,993/yr on $91,163 invested. Return on cash invested prints 24.29% in year one, and rental yield reads 8.64% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 126.06% and total cumulative return in cash sums $114,923. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,979/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 2014
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37022, Bethpage, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,789 (100%) |
| Owner Occupied HU | 2,233 (80.1%) |
| Renter Occupied HU | 382 (13.7%) |
| Vacant Housing Units | 174 ( 6.2%) |
| Median Home Value | $416,182 |
| Average Home Value | $503,764 |
Housing Distribution
Address Breakdown
Residential
2,576
Single Family
2,576
Multi-Family
0
Businesses
49
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